Hello,Traders! EUR-GBP is trading in a Downtrend and the pair Broke the key horizontal Level of 0.876 just as I Predicted before which Reinforces our bearish Bias and I think That the pair will Keep falling Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURGBP is making a Strong Bullish Divergence. So, from here EURGBP make a Strong Bullish move.
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.86500 zone, EURGBP broke an important support level and currently we are waiting for a correction in order to see a potential retrace of the break out towards more lows. Trade safe, Joe.
Hello,Friends! It makes sense for us to go long on EUR/GBP right now from the support line below with the target of 0.869 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
Today's focus: EURGBP Pattern – Range/Descending Triangle Possible targets – .8600 Support – .8670 Resistance – .8705 Today’s update, will we see the EURGBP make a new push lower, confirming its descending triangle pattern? Price broke the main trend setting up its first leg lower. From that point, we have seen a consolidation set-up with a bearish pattern in...
in terms of big trend the H4 pair is still in bullish. short analysis that I describe is the analysis if there is a trend correction. as long as the price does not rise higher than the invalid area then the possibility will still be bearish by forming a complex correction wave.
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.87 zone, EURGBP is trading in a downtrend and we have noticed a fake out, price got below the trend again and currently in a correction phase in which it is approaching the major trend at 0.87 support and resistance zone. Trade safe, Joe.
✅Based on the analytical method in the CTS strategy, the EURGBP currency pair is in a downward phase by reaching a PRZ zone. 🌟 bearish signals in the PRZ area are: - Resistance zone - Fibo 38% - Moving EMA50 ⭐ and the downward signals of market momentum are: - Divergence in MACD - RSI trend line break ✳️ Note that the price has reached the PRZ area and the...
EURGBP going sideways. Once it break the support, i think it going to touch high low.
EURGBP could fall towards a key overlap support and potentially reverse from this level. Price could hit our buy entry at 0.86603 and bounce up from here. Our stop loss will be at 0.86450 which is an overlap support. The take profit level will be at 0.87041 which is an overlap resistance. Any opinions, news, research, analyses, prices, other information, or links...
✨ NEW: EURGBP...DT (1M/16H) ✨ POSITION TRADE ✨ SLO1 @ 0.8830 ⏳ SLO2 @ 0.8815 ⏳ TP1 @ 0.8375 (shaving 25%) TP2 @ 0.8040 (shaving 25%) TP3 @ 0.7515 (shaving 25%) TP4 @ 0.7200 (closing ALL Sell Orders) BLO1 @ 0.7085 ⏳ BLO2 @ 0.7015 ⏳ As of today, May 25, 2023, the EURGBP pair is trading at 0.8669. The pair has been in a downtrend since the beginning of the year,...
Already provide analysis, but have high probability of it breaking the weak low support of 0.86500. If it does break, you can’t stop EURGBP from going go 0.85549.
EURGBP is consolidating under the 1D MA200 for the 11th consecutive day which keeps the 1D time-frame near neutrality, despite the marginally red technical indicators (RSI = 43.260, MACD = -0.003, ADX = 36.781). This is a standard bottom formation and since the 1D RSI is rising after hitting the Channel's bottom, the signal gets stronger. The standard rally...
In May, the Preliminary French S&P Global Manufacturing PMI is expected to be 46.0, while the Preliminary French S&P Global Services PMI is predicted to be 54.2, and the Preliminary French S&P Global Composite PMI is anticipated to be 52.3. Traders can compare these figures to the April data, which reported the French S&P Global Manufacturing PMI at 45.6, the...
EURGBP has been consolidating for 3 weeks. It has really strong support at 0.8560 to 0.8570. There is a pattern to go long at the current price. With the strong consolidation, we can expect a big move upwards. The stop loss is very tight - just 30 pips below the strong support. This is counter trend and looking for a reversal.
Hello traders, We can see that price has formed relatively equal lows and highs which is famously known as sell-side and buy-side liquidity. What price is likely to do is hunt both liquidity pools because there would be buy/sell orders, stop-losses etc. The market is more often than not going to go after the buy/sell side liquidity, thereby stopping so many...
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97300 zone, EURCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.97300 support and resistance zone. Trade safe, Joe.
EURGBP is rising towards a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 0.87195 Why we like it: There is an overlap resistance Stop Loss: 0.87633 Why we like it: There is an overlap resistance close to the 61.8% Fibonacci retracement Take Profit: 0.86703 Why we like it: There is an...